11/17/2020
Former Bank of Japan exec says Japan will need years to issue digital yen
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits.
Innovation & Startups
11/16/2020
New managing director of OCBC Securities to lead charge in boosting digital trading capabilities
OCBC's online trading has accounted for over 70 per cent of total trade transactions so far in 2020, up from just 50 per cent last year.
11/16/2020
Fintech M&A Market Appears to be Recovering After Struggling in H1 2020 due to COVID
The deal appears to reflect an overall rebound in Fintech M&As.
11/16/2020
Innovative disruption: balancing disbelief with unlimited upside
And while technology permeates every sector and industry of the global economy, Wood feels healthcare will be next in the spotlight.
11/16/2020
Tech could make or break advice businesses
Financial planners are keenly aware of the importance of technology and the benefits it can bring to their businesses.
11/16/2020
How FinTech companies can prepare for the Future
Such services are especially valuable in emerging markets, where traditional financial services companies are not growing quickly enough or providing the seamless efficiency that FinTech companies do, thanks to their impressive reach.
11/16/2020
Software firm in ‘perfect position’ for global growth
The data is then automatically uploaded to a secure cloud-based database and is accessible to customers online.
11/16/2020
Digital Platform Solution Fortu Wealth Quickly Surpasses £230,000 Funding Target on Seedrs
Funds from the Seedrs campaign will be used to continue the growth and development of the Fortu Wealth management platform.
11/16/2020
SA-based AI-fintech startup secures R25 million in funding
The funding will increase the usage of conversational AI options within the monetary trade to West Africa and Europe.
11/16/2020
Access Bank recognised as ‘Best Digital Bank in Africa’
The Bank has also employed the use of technology to help achieve its sustainability targets.
11/16/2020
BNP Paribas Asset Management Launches Investment Insights Service For Alexa
Investment Insights was developed as part of BNPP AM’s broader investment in technology, aimed at enriching and automating its investment processes and client communications.
11/15/2020
New boss of Standard Life Aberdeen to shake up 200-year-old investment giant: 'Robot funds can make us UK's answer to $7.8trillion BlackRock'
There is no fund manager selecting stocks – just a computer following instructions – and the funds are listed on the stock market like shares and so can be traded throughout the day.
11/15/2020
European Commission publishes draft new standard contractual clauses for international personal data transfers and Article 28 GDPR clauses between EU controllers and processors
Once approved, the New SCCs will replace the previous standard contractual clauses used by organisations as an appropriate safeguard for making international transfers of personal data under the General Data Protection Regulation 2016/679 ("GDPR&
11/13/2020
European Data Protection Board publishes recommendations on the supplementary measures to be taken for international personal data transfers from Europe
The Recommendations may ultimately lead to organisations having to locate more European personal data in Europe.
11/13/2020
Gartner CFO Survey Reveals A Dramatic Digital Acceleration Since COVID-19
CFOs Plan to Greatly Increase Their Time Spent on Implementing Digital Investments, with the Majority Uncertain of Success
11/13/2020
London's impact tech attracts VC capital from North American investors
London has added three new impact unicorns to its list this year; Octopus Energy, Arrival and Gousto, which takes London’s impact unicorns total up to four, including Babylon Health.
11/13/2020
Pension Sync teams up with My Digital to support new era of quantum employment
Manual processes make it hard to keep up with changes in employment statuses, salaries and entitlement.
11/13/2020
Citi steps up investment in low code technology startups
Citi’s investment in Dextcloud is a continuation of the firm’s strategic investments in low code technology providers that support its digitisation of manual-intensive tasks across the firm and increase speed to market.
11/13/2020
Envestnet Adds New CTO, Realigns Development Strategy
RiskPro's technology allows each enterprise to set its own surveillance rules for monitoring the risk of a client's portfolio, as compared to the client's PRB, on a daily basis.
11/13/2020
Tech.Pass: A new entry point for tech entrepreneurs and talent to Singapore
Tech.Pass will allow holders to participate in the activities of more than one business, which means holders can conduct the following activities without having to apply for different passes: